Seller's Agent in 2017
Edgar Bonilla
Excellence RE Real Estate
(562) 964-3017
8 Total Sales
10318 Paramount Blvd Downey, CA 90241
Estimated Value: $1,304,000 - $1,926,000
7
Beds
4
Baths
2,922
Sq Ft
$531/Sq Ft
Est. Value
Highlights
- Private Yard
- No HOA
- Laundry Room
- Warren High School Rated A-
About This Home
As of November 2017Rare opportunity to own this 4 units in the city of Downey, close to everything with a huge lot and plenty parking space, consist 3 units with 2beds 1bath and 1 unit is 1bed 1bath each unit have their own garage and space for 2 or more cars, all units are one story house stile, gated all around with a automatic gate in the front, live and one and rent the other ones or could be a good property for your portfolio as investment.
Last Agent to Sell the Property
Excellence RE Real Estate License #01828046 Listed on: 07/21/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,415
Year Built
- Built in 1954
Lot Details
- 0.28 Acre Lot
- No Common Walls
- Private Yard
- Garden
- Front Yard
Parking
- 4 Car Garage
Home Design
- 2,922 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5509
- Assessor Parcel Number 6251031010
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $240
- Insurance Expense $1,800
- Water Sewer Expense $2,400
- New Taxes Expense $15,000
- Operating Expense $5,940
- Gross Income $42,000
- Net Operating Income $42,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2017
Closed on
Oct 31, 2017
Sold by
Nevarez Alejandra and Nevarez Jose
Bought by
Huang Grace
Seller's Agent
Edgar Bonilla
Excellence RE Real Estate
Buyer's Agent
Vivian Zhu
Global Premium Realty
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,183
Avg. Annual Appreciation
5.04%
Original Mortgage
$630,000
Outstanding Balance
$538,277
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,011,906
Purchase Details
Closed on
Sep 13, 2012
Sold by
Nevarez Alejandra
Bought by
Nevarez Alejandra and Nevarez Jose
Purchase Details
Closed on
Oct 2, 2006
Sold by
Rodriguez Luis and Nevarez Alejandra
Bought by
Nevarez Alejandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,700
Interest Rate
1.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2006
Sold by
Rodriguez Luis
Bought by
Rodriguez Luis and Nevarez Jose
Purchase Details
Closed on
Aug 25, 2004
Sold by
Greenfield Homes Inc
Bought by
Rodriguez Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 8, 2004
Sold by
Adkison Deborah Katherine and Will Of Marie C Heuerman
Bought by
Greenfield Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Grace | $1,050,000 | Wfg | |
| Nevarez Alejandra | -- | None Available | |
| Nevarez Alejandra | -- | Southland Title Corporation | |
| Rodriguez Luis | -- | None Available | |
| Rodriguez Luis | $700,000 | -- | |
| Greenfield Homes Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huang Grace | $630,000 | |
| Previous Owner | Nevarez Alejandra | $708,700 | |
| Previous Owner | Rodriguez Luis | $630,000 | |
| Previous Owner | Greenfield Homes Inc | $390,000 | |
| Closed | Greenfield Homes Inc | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2017 11/14/17 | Sold | $1,050,000 | -4.5% | $359 / Sq Ft |
| 10/12/2017 10/12/17 | Pending | -- | -- | -- |
| 09/09/2017 09/09/17 | Price Changed | $1,100,000 | -8.3% | $376 / Sq Ft |
| 07/21/2017 07/21/17 | For Sale | $1,200,000 | -- | $411 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,415 | $1,194,716 | $682,696 | $512,020 |
| 2024 | $15,415 | $1,171,291 | $669,310 | $501,981 |
| 2023 | $14,900 | $1,148,326 | $656,187 | $492,139 |
| 2022 | $14,060 | $1,125,811 | $643,321 | $482,490 |
| 2021 | $13,724 | $1,103,737 | $630,707 | $473,030 |
| 2020 | $13,520 | $1,092,420 | $624,240 | $468,180 |
| 2019 | $13,322 | $1,071,000 | $612,000 | $459,000 |
| 2018 | $12,854 | $1,050,000 | $600,000 | $450,000 |
| 2017 | $13,283 | $1,085,138 | $646,466 | $438,672 |
| 2016 | $13,118 | $1,063,862 | $633,791 | $430,071 |
| 2015 | $12,933 | $1,047,882 | $624,271 | $423,611 |
| 2014 | $12,208 | $1,027,357 | $612,043 | $415,314 |
Source: Public Records
Agents Affiliated with this Home
-
Edgar Bonilla
-
Vivian Zhu
Buyer's Agent in 2017
Vivian Zhu
Global Premium Realty
(626) 224-1278
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS17167249
APN: 6251-031-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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